Bank failure · VA

Trustbank FSB (Tysons Corner, VA) — failed January 25, 1991

Trustbank FSB of Tysons Corner, Virginia was closed on January 25, 1991 and resolved through a purchase and assumption (insured deposits). Branch Sale (NA) took over its insured deposits. At failure it held $1.8B in assets and $1.5B in deposits. The FDIC's estimated loss on the failure is $172.8M (9.5% of assets).